# Carlyle to acquire Flender from Siemens

The Competition Tribunal of South Africa has approved the acquisition of Flender GmbH by Zephyr German BidCo GmbH, a vehicle controlled by Carlyle, from Siemens AG. Flender supplies mechanical and electrical drive systems.

- Type: Acquisition
- Announced: 2021-02-11
- Where: Germany
- Status: announced
- Products: mechanical and electrical drive systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [Flender](https://endata.com/companies/7181.md) (target)

## Sources

- [comptrib.co.za](https://www.comptrib.co.za/info-library/press-room/tribunal-approves-international-merger-in-the-market-for-global-asset-management-and-the-global-supply-for-mechanical-and-electrical-drive-systems), 2021-02-11: "The Tribunal has approved the large merger, without conditions, whereby Zephyr German BidCo GmbH will acquire Flender GmbH from Siemens Aktiengesellschaft."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.